La catena delle opzioni mostra i dati chiave delle opzioni azionarie di MISTRAS Group a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per MISTRAS Group..

MISTRAS Group (NYSE:MG) Azioni, Catena delle Opzioni

MISTRAS Group

MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are North America, International and Products and Systems, of which key revenue is derived from the North America segment. Services segment provides asset protection solutions predominantly in North America, with the large amount of concentration in the United States, followed by Canada, consisting of non-destructive testing, and inspection. The asset protection solutions include field inspections, consulting, maintenance, data management, access, monitoring and laboratory quality assurance.

MISTRAS Group Inc

Magna International Inc

MORINAGA & CO LTD ORD by Morinaga & Co., Ltd.

Morinaga & Co Ltd

MEGA URANIUM LTD ORD by Mega Uranium Ltd.

Mega Uranium Ltd

Mortgage Oil Corp

MOBILE GLOBAL ESPORTS INC by Mobile Global Esports Inc.

Mobile Global Esports Inc

Megaworld Corp

MEGAWORLD CORP UNSP/ADR by Megaworld Corp.

Vanguard Mega Cap ETF

MGC Pharmaceuticals Ltd

MIDEA GROUP CO U/ADR by Midea Group Co Ltd.

MIDEA GRP CO RGSTD H by Midea Group Co Ltd.

Akwel

MGC Ventures Inc

CIE GENERALE DES ETABLI by CIE GENERALE DES ETABLISSEMENTS MICHELIN SA CLERMONT-FERRAND

Michelin

MICHELIN CIE GEN UNSP/ADR by CIE GENERALE DES ETABLISSEMENTS MICHELIN SA CLERMONT-FERRAND

Marathon Gold Corp

MGE Energy Inc

MFS Government Markets Income Trust Common Stock

MFS Government Markets Income Trust

Mega First Corp Bhd

MAGFORCE NANOTECHS AG by Magforce Nanotechnologies AG

MagForce AG

MONARCH GULF EXPL INC by Monarch Gulf Exploration, Inc.

Monarch Gulf Exploration Inc

MAGICSTEM GROUP CORP by Magicstem Group Corp.

MORINAGA MILK IND CO ORD by Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry Co Ltd

Minco Capital Corp

MORGAN GROUP HOLDING CO by Morgan Group Holding Co.

Morgan Group Holding Co

Mercury NZ Ltd

Magic Software Enterprises Ltd. - Ordinary Shares

Magic Software Enterprises Ltd

MAGNUM GOLDCORP INC by Magnum Goldcorp Inc.

Magnum Goldcorp Inc

Millennium Group International Holdings Limited - Ordinary Shares

Millennium Group International Holdings Ltd

MGI MEDIA & GAMES INVEST by MGI MEDIA & GAMES INVEST SE

Verve Group SE

Vanguard Mega Cap Growth ETF

The Marygold Companies, Inc. Common Stock

The Marygold Companies Inc

Medgold Resources Corp

MAGELLAN ENERGY LTD by Magellan Energy, Ltd.

Magellan Energy Ltd

MEGELLAN INDUS INC by Magellan Industries, Inc.

Magellan Industries Inc

MAGELLAN FINCL GP LTD by Magellan Financial Group Ltd.

Magellan Financial Group Ltd

MEDIA GLOBO CORP by Media Globo Corp. (The)

The MEDIA GLOBO Corp

Magna Gold Corp Ordinary Shares

Magazine Luiza SA ADR

MAGAZINE LUIZA U/ADR by MAGAZINE LUIZA SA

Magazine Luiza SA

MGM Resorts International

METRO GLOBAL MEDIA INC by Metro Global Media, Inc.

Metro Global Media Inc

MAPLE GOLD MINES LTD by Maple Gold Mines Ltd.

Maple Gold Mines Ltd

Magna Mining Inc

MAGMA OPEN JT STK S/GDR by Magma Open Joint Stock Company

Ballast Small/Mid Cap ETF

Megan Holdings Limited

MAG MAGNA CORP by MAG MAGNA CORP.

Magnite Inc

American Beacon Select Funds American Beacon GLG Natural Resources ETF

Meganet Corp

Macrogenics Inc

MGO Global Inc

Migom Global Corp

Megola Inc

First Trust Exchange-Traded Fund IV First Trust Intermediate Government Opportunities ETF

M&G PLC U/ADR by M&G PLC

Mason Resources Inc

MGP Ingredients Inc

Megaport Ltd

PlasCred Circular Innovations Inc

PLASCRED CIRCULAR INNOV by PLASCRED CIRCULAR INNOVATIONS INC.

M&G PLC

Affiliated Managers Group, Inc. 5.875% Junior Subordinated Notes due 2059

Affiliated Managers Group, Inc. 4.750% Junior Subordinated Notes due 2060

McGrath RentCorp

Affiliated Managers Group, Inc. 4.200% Junior Subordinated Notes due 2061

Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064

Monogram Technologies Inc. - Common Stock

Monogram Technologies Inc

VanEck ETF Trust VanEck Morningstar Wide Moat Growth ETF

MUSTGROW BIOLOGICS CORP by MustGrow Biologics Corporation

MustGrow Biologics Corp

Mega Fortune Co Ltd

Morguard Real Estate Investment Trust

Mangoceuticals Inc

MAITONG SUNSHINE CULTURAL by MAITONG SUNSHINE CULTURAL DEVELOPMENT CO., LTD

Megatech Corp

MGT CAPITAL INVTS INC by MGT Capital Investments, Inc.

MGT Capital Investments Inc

MIGHTY KINGDOM LTD NEW by MIGHTY KINGDOM LTD.

Mighty Kingdom Ltd

MIGHTY KINGDOM LTD by MIGHTY KINGDOM LTD.

MeiraGTx Holdings PLC

MAGNUM MINING AND EXPLTN by Magnum Mining and Exploration Limited

Magnum Mining and Exploration Ltd

MOGUL ENERGY INTL INC by Mogul Energy International, Inc.

Mogul Energy International Inc

Vanguard Mega Cap Value ETF

Musgrave Minerals Ltd

MAPLE LEAF GREEN WRLD INC by Maple Leaf Green World, Inc.

Maple Leaf Green World Inc

Metagenomi Inc

MGX Minerals Inc

Magnolia Oil & Gas Corporation Class A Common Stock

Magnolia Oil & Gas Corp

MOL MAGYAR RT S/ADR by MOL Magyar Olaj-Es Gazipari RT

MOL Hungarian Oil and Gas PLC

Magyar Bancorp Inc

Magyar Telekom PLC

MOL MAGYAR SP/ADR 144A by MOL Magyar Olaj-Es Gazipari RT

<h3>Gainers</h3>
<ul>
<li><strong>NEXTracker</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) shares rose 24.1% to $39.67 during Thursday's regular session. The market value of their outstanding shares is at $5.7 billion. As per the news, the Q2 earnings report came out yesterday. </li>
<li><strong>Paycom Software</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>) shares rose 23.44% to $212.63. The company's market cap stands at $12.2 billion. The company's, Q3 earnings came out yesterday. </li>
<li><strong>Nocera</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCRA#NASDAQ">NCRA</a>) stock rose 20.98% to $1.21. The market value of their outstanding shares is at $16.5 million. </li>
<li><strong>Orion Group Hldgs</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORN#NYSE">ORN</a>) shares rose 17.52% to $6.37. The company's market cap stands at $248.1 million. The company's, Q3 earnings came out yesterday. </li>
<li><strong>Armlogi Holding</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOC#NASDAQ">BTOC</a>) shares rose 16.27% to $6.93. The company's market cap stands at $288.5 million. </li>
<li><strong>MYR Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYRG#NASDAQ">MYRG</a>) shares rose 16.19% to $134.01. The company's market cap stands at $2.2 billion. As per the press release, Q3 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Stem</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) shares declined by 23.1% to $0.37 during Thursday's regular session. The company's market cap stands at $59.8 million. As per the press release, Q3 earnings came out yesterday. </li>
<li><strong>Huntington Ingalls Indus</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HII#NYSE">HII</a>) shares fell 22.23% to $194.82. The market value of their outstanding shares is at $7.6 billion. As per the news, the Q3 earnings report came out today. </li>
<li><strong>MISTRAS Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) shares decreased by 21.58% to $8.71. The market value of their outstanding shares is at $269.6 million. As per the press release, Q3 earnings came out yesterday. </li>
<li><strong>Enovix</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) shares decreased by 20.28% to $8.36. The market value of their outstanding shares is at $1.4 billion. The company's, Q3 earnings came out 2 days ago. </li>
<li><strong>Enviri</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVRI#NYSE">NVRI</a>) shares fell 19.73% to $8.06. The company's market cap stands at $645.7 million. As per the news, the Q3 earnings report came out today. </li>
<li><strong>NN</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNBR#NASDAQ">NNBR</a>) shares decreased by 19.14% to $3.17. The company's market cap stands at $158.5 million. As per the press release, Q3 earnings came out yesterday.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Movers

BTOC

ENVX

MYRG

NCRA

NNBR

NVRI

PAYC

STEM

12 Industrials Stocks Moving In Thursday's Intraday Session

<p>MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-30. Here's a quick overview of what investors should know before the release.</p>
<p>Analysts are estimating that MISTRAS Group will report an <strong>earnings per share</strong> (EPS) of $0.27.</p>
<p>MISTRAS Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Earnings Track Record</h3>
<p>In the previous earnings release, the company beat EPS by $0.08, leading to a 1.3% increase in the share price the following trading session.</p>
<p>Here's a look at MISTRAS Group's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.27</td>
<td>0.13</td>
<td>0.04</td>
<td>0.15</td>
<td>0.16</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.20</td>
<td>0.21</td>
<td>0.07</td>
<td>0.10</td>
<td>0.18</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-17.0%</td>
<td>1.0%</td>
<td>1.0%</td>
<td>7.000000000000001%</td>
<td>12.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730383295_0.png" alt="eps graph" /></p>
<h3>Performance of MISTRAS Group Shares</h3>
<p>Shares of MISTRAS Group were trading at $11.1 as of October 30. Over the last 52-week period, shares are up 54.63%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/MG/earnings"><strong>To track all earnings releases for MISTRAS Group visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings

Earnings Outlook For MISTRAS Group

WIIM

Mistras Group shares are trading lower after the company reported worse-than-expected Q3 financial results and narrowed its FY24 revenue guidance below estimates.

<h3>Gainers</h3>
<ul>
<li><strong>1847 Holdings</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#AMEX">EFSH</a>) stock increased by 51.9% to $0.59 during Thursday's pre-market session. </li>
<li><strong>NEXTracker</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) stock rose 15.76% to $37.01. The company's market cap stands at $5.3 billion. The company's, Q2 earnings came out yesterday. </li>
<li><strong>Orion Group Hldgs</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORN#NYSE">ORN</a>) stock moved upwards by 12.73% to $6.11. The market value of their outstanding shares is at $238.0 million. As per the press release, Q3 earnings came out yesterday. </li>
<li><strong>Li-Cycle Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LICY#NYSE">LICY</a>) shares increased by 12.68% to $2.31. The company's market cap stands at $53.6 million. </li>
<li><strong>Dragonfly Energy Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFLI#NASDAQ">DFLI</a>) stock rose 7.34% to $0.58. The market value of their outstanding shares is at $36.1 million. </li>
<li><strong>Agrify</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGFY#NASDAQ">AGFY</a>) stock rose 6.45% to $3.3. The market value of their outstanding shares is at $4.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Solidion Technology</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) stock decreased by 17.0% to $0.39 during Thursday's pre-market session. The company's market cap stands at $36.2 million. </li>
<li><strong>Vast Renewables</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) shares decreased by 14.1% to $1.95. The company's market cap stands at $58.4 million. </li>
<li><strong>Founder Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGL#NASDAQ">FGL</a>) shares declined by 11.77% to $3.3. The market value of their outstanding shares is at $55.8 million. </li>
<li><strong>Enovix</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) stock declined by 11.74% to $9.25. The market value of their outstanding shares is at $1.6 billion. The company's, Q3 earnings came out 2 days ago. </li>
<li><strong>MISTRAS Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) shares fell 11.45% to $9.83. The market value of their outstanding shares is at $304.5 million. The company's, Q3 earnings came out yesterday. </li>
<li><strong>FGI Industries</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGI#NASDAQ">FGI</a>) shares decreased by 10.18% to $0.93. The company's market cap stands at $8.8 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


AGFY

DFLI

EFSH

LICY

VSTE

12 Industrials Stocks Moving In Thursday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li><strong>1847 Holdings</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#AMEX">EFSH</a>) shares increased by 51.9% to $0.59 during Thursday's pre-market session. </li>
<li><strong>NEXTracker</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>) shares increased by 15.76% to $37.01. The market value of their outstanding shares is at $5.3 billion. As per the press release, Q2 earnings came out yesterday. </li>
<li><strong>Orion Group Hldgs</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORN#NYSE">ORN</a>) shares moved upwards by 12.73% to $6.11. The market value of their outstanding shares is at $238.0 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li><strong>Li-Cycle Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LICY#NYSE">LICY</a>) shares rose 12.68% to $2.31. The company's market cap stands at $53.6 million. </li>
<li><strong>Dragonfly Energy Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFLI#NASDAQ">DFLI</a>) stock moved upwards by 7.34% to $0.58. The company's market cap stands at $36.1 million. </li>
<li><strong>Agrify</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGFY#NASDAQ">AGFY</a>) shares moved upwards by 6.45% to $3.3. The market value of their outstanding shares is at $4.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Solidion Technology</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares fell 17.0% to $0.39 during Thursday's pre-market session. The market value of their outstanding shares is at $36.2 million. </li>
<li><strong>Vast Renewables</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) stock declined by 14.1% to $1.95. The market value of their outstanding shares is at $58.4 million. </li>
<li><strong>Founder Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGL#NASDAQ">FGL</a>) stock decreased by 11.77% to $3.3. The market value of their outstanding shares is at $55.8 million. </li>
<li><strong>Enovix</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) shares fell 11.74% to $9.25. The market value of their outstanding shares is at $1.6 billion. The company's, Q3 earnings came out 2 days ago. </li>
<li><strong>MISTRAS Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) stock decreased by 11.45% to $9.83. The company's market cap stands at $304.5 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li><strong>FGI Industries</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGI#NASDAQ">FGI</a>) stock decreased by 10.18% to $0.93. The company's market cap stands at $8.8 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


<p>MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) reported quarterly earnings of $0.20 per share which missed the analyst consensus estimate of $0.27 by 25.93 percent. This is a 11.11 percent increase over earnings of $0.18 per share from the same period last year.  The company reported quarterly sales of $182.694 million which missed the analyst consensus estimate of $185.943 million by 1.75 percent.  This is a 1.86 percent increase over sales of $179.354 million the same period last year.</p>


Earnings Misses

News

MISTRAS Group Q3 2024 Adj. EPS $0.20 Misses $0.27 Estimate, Sales $182.694M Miss $185.943M Estimate

<p>MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) narrows FY2024 sales outlook from $725.00 million-750.00 million to $725.00 million-730.00 million.</p>


Guidance

MISTRAS Group Narrows FY2024 Sales Guidance from $725.00M-750.00M to $725.00M-730.00M VS Est. 743.55M.

<p>MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) is preparing to release its quarterly earnings on Wednesday, 2024-10-30. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect MISTRAS Group to report an <strong>earnings per share</strong> (EPS) of $0.27.</p>
<p>MISTRAS Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Historical Earnings Performance</h3>
<p>Last quarter the company beat EPS by $0.08, which was followed by a 1.3% increase in the share price the next day.</p>
<p>Here's a look at MISTRAS Group's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.13</td>
<td>0.04</td>
<td>0.15</td>
<td>0.16</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.21</td>
<td>0.07</td>
<td>0.10</td>
<td>0.18</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>1.0%</td>
<td>1.0%</td>
<td>7.000000000000001%</td>
<td>12.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730224954_0.png" alt="eps graph" /></p>
<h3>Market Performance of MISTRAS Group's Stock</h3>
<p>Shares of MISTRAS Group were trading at $11.11 as of October 28. Over the last 52-week period, shares are up 110.02%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/MG/earnings"><strong>To track all earnings releases for MISTRAS Group visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Preview: MISTRAS Group

<p>Momentum investing is all about the idea of following a stock&#39;s recent trend, which can be in either direction. In the &#39;long&#39; context, investors will essentially be &quot;buying high, but hoping to sell even higher.&quot; And for investors following this methodology, taking advantage of trends in a stock&#39;s price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.</p>
<p>Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.</p>
<p>Below, we take a look at <strong>Mistras</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mg#NYSE">MG</a>), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.</p>
<p>It&#39;s also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Mistras currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.</p>
<h2>Set to Beat the Market?</h2>
<p>Let&#39;s discuss some of the components of the Momentum Style Score for MG that show why this engineering services company shows promise as a solid momentum pick.</p>
<p>Looking at a stock&#39;s short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It&#39;s also helpful to compare a security to its industry; this can show investors the best companies in a particular area.</p>
<p>For MG, shares are up 1.18% over the past week while the Zacks Electronics - Miscellaneous Products industry is down 0.25% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 16.61% compares favorably with the industry&#39;s 2.53% performance as well.</p>
<p>While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Mistras have risen 35.63%, and are up 113.5% in the last year. On the other hand, the S&amp;P 500 has only moved 5.01% and 23.98%, respectively.</p>
<p>Investors should also take note of MG&#39;s average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, MG is averaging 144,804 shares for the last 20 days.</p>
<h2>Earnings Outlook</h2>
<p>The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with MG.</p>
<p>Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost MG&#39;s consensus estimate, increasing from $0.72 to $0.80 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.</p>
<h2>Bottom Line</h2>
<p>Given these factors, it shouldn&#39;t be surprising that MG is a #2 (Buy) stock and boasts a Momentum Score of B. If you&#39;re looking for a fresh pick that&#39;s set to soar in the near-term, make sure to keep Mistras on your short list.</p>
<p><a href="https://www.zacks.com/stock/news/2331634/are-you-looking-for-a-top-momentum-pick-why-mistras-mg-is-a-great-choice?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_10-2331634">To read this article on Zacks.com click here.</a></p>


Small Cap

Markets

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Trading Ideas

Are You Looking for a Top Momentum Pick? Why Mistras is a Great Choice

<p>The earnings results for <strong>MISTRAS Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) for Q2 were made public on Wednesday, July 31, 2024 at 04:01 PM.</p>
<p>Here's a comprehensive overview of the announcement.</p>
<h3>Earnings</h3>
<p>MISTRAS Group beat estimated earnings by 62.0%, reporting an EPS of $0.21 versus an estimate of $0.13.</p>
<p>Revenue was up $13.74 million from the same period last year.</p>
<h3>Performance in Previous Earnings</h3>
<p>During the previous quarter, the company beat on EPS by $0.03, leading to a 1.0% increase share price change the next day.</p>
<p>Here's a look at MISTRAS Group's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.13</td>
<td>0.04</td>
<td>0.15</td>
<td>0.16</td>
<td>0.20</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.21</td>
<td>0.07</td>
<td>0.10</td>
<td>0.18</td>
<td>0.05</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>185.80M</td>
<td>174.93M</td>
<td>174.28M</td>
<td>182.73M</td>
<td>189.54M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>189.77M</td>
<td>184.44M</td>
<td>182.07M</td>
<td>179.35M</td>
<td>176.03M</td>
</tr>
</tbody>
</table>
</p>
<h3>Comparison of Competitors' Recent Earnings</h3>
<p>It's important to consider MISTRAS Group's numbers in relation to how its competitors, like Resources Connection, FiscalNote Holdings, and Planet Labs, have been performing.</p>
<ul>
<li>Resources Connection's earnings on July 18, 2024 exceeded market projections, revealing an EPS of $0.28 compared to the estimated EPS of $0.07, resulting in a 300.0% increase.</li>
<li>FiscalNote Holdings announced strong earnings on May 09, 2024, surpassing market expectations. Despite an estimated EPS of $-0.17, FiscalNote Holdings's actual EPS was $-0.12, reflecting a 29.41% increase.</li>
<li>The latest earnings announcement from Planet Labs on June 06, 2024 exceeded expectations, with an actual EPS of $-0.05 compared to the market's estimate of $-0.07, resulting in a 28.57% increase.</li>
</ul>
<h3>Competitors Quarterly Earnings and Stock Performance Analysis</h3>
<p>In this detailed analysis, insights are provided into the market's response to the latest earnings releases of key competitors. It highlights the expected and announced earnings per share (EPS) for each company, along with their corresponding stock prices at the close of the announcement day and the open of the following trading day.</p>
<p>
<table>
<thead>
<tr>
<th><strong>Company Name</strong></th>
<th><strong>Date</strong></th>
<th style="text-align: right;"><strong>EPS Expected</strong></th>
<th style="text-align: right;"><strong>EPS Announced</strong></th>
<th><strong>EPS Change Percent</strong></th>
<th><strong>Stock Price At Close</strong></th>
<th><strong>Stock Price at Next Day Open</strong></th>
<th><strong>Price Change Percent</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MISTRAS Group</td>
<td>July 31, 2024</td>
<td style="text-align: right;">0.13</td>
<td style="text-align: right;">0.21</td>
<td>61.54%</td>
<td>$10.0</td>
<td>$10.5</td>
<td>5.0%</td>
</tr>
<tr>
<td>Resources Connection</td>
<td>July 18, 2024</td>
<td style="text-align: right;">0.07</td>
<td style="text-align: right;">0.28</td>
<td>300.0%</td>
<td>$10.62</td>
<td>$11.08</td>
<td>4.33%</td>
</tr>
<tr>
<td>FiscalNote Holdings</td>
<td>May 09, 2024</td>
<td style="text-align: right;">-0.17</td>
<td style="text-align: right;">-0.12</td>
<td>29.41%</td>
<td>$1.29</td>
<td>$1.28</td>
<td>-0.78%</td>
</tr>
<tr>
<td>Planet Labs</td>
<td>June 06, 2024</td>
<td style="text-align: right;">-0.07</td>
<td style="text-align: right;">-0.05</td>
<td>28.57%</td>
<td>$1.82</td>
<td>$1.81</td>
<td>-0.55%</td>
</tr>
</tbody>
</table>
</p>
<h3>Comparative Study: Estimated in Contrast with Actual Peer Revenues### Peer Revenue Assessment: Estimated vs. Actual Performance Comparison</h3>
<p>The comparison table below presents estimated and announced revenue figures for MISTRAS Group's peers. This comparison provides insights into the revenue performance of these companies, offering valuable context for understanding their financial standing within the industry.</p>
<p>
<table>
<thead>
<tr>
<th><strong>Company Name</strong></th>
<th><strong>Estimated Revenue</strong></th>
<th><strong>Announced Revenue</strong></th>
<th><strong>Revenue Surprise Percentage</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MISTRAS Group</td>
<td>185.80M</td>
<td>189.77M</td>
<td>2.14%</td>
</tr>
<tr>
<td>Resources Connection</td>
<td>140.60M</td>
<td>148.20M</td>
<td>5.4%</td>
</tr>
<tr>
<td>FiscalNote Holdings</td>
<td>31.11M</td>
<td>32.11M</td>
<td>3.22%</td>
</tr>
<tr>
<td>Planet Labs</td>
<td>60.03M</td>
<td>60.44M</td>
<td>0.68%</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for MISTRAS Group <a href="https://www.benzinga.com/quote/MG/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


MISTRAS Group Q2 Earnings Assessment

MISTRAS Reaffirms FY24 Guidance For Revenue Of $725M - $750M, Est $746.335M

<p>MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) reported quarterly earnings of $0.21 per share which beat the analyst consensus estimate of $0.14 by 50 percent. This is a 320 percent increase over earnings of $0.05 per share from the same period last year.  The company reported quarterly sales of $189.773 million which beat the analyst consensus estimate of $185.805 million by 2.14 percent.  This is a 7.81 percent increase over sales of $176.030 million the same period last year.</p>


Earnings Beats

MISTRAS Group Q2 2024 Adj. EPS $0.21 Beats $0.14 Estimate, Sales $189.773M Beat $185.805M Estimate

<h3>Gainers</h3>
<ul>
<li><strong>Primech Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMEC#NASDAQ">PMEC</a>) shares moved upwards by 12.5% to $0.69 during Thursday's pre-market session. The company's market cap stands at $24.4 million. </li>
<li><strong>Roma Green Finance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROMA#NASDAQ">ROMA</a>) shares rose 8.49% to $0.57. The market value of their outstanding shares is at $5.9 million. </li>
<li><strong>MISTRAS Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) shares moved upwards by 7.14% to $9.0. The company's market cap stands at $278.7 million. </li>
<li><strong>Ocean Power Techs</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/OPTT#AMEX">OPTT</a>) shares increased by 7.04% to $0.16. The company's market cap stands at $9.7 million. </li>
<li><strong>Nuburu</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BURU#AMEX">BURU</a>) stock increased by 6.43% to $0.16. The company's market cap stands at $5.9 million. </li>
<li><strong>FTC Solar</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTCI#NASDAQ">FTCI</a>) stock moved upwards by 4.99% to $0.48. The market value of their outstanding shares is at $59.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Nauticus Robotics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) stock declined by 12.2% to $0.17 during Thursday's pre-market session. The company's market cap stands at $10.6 million. </li>
<li><strong>Northann</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NCL#AMEX">NCL</a>) shares fell 8.75% to $0.24. The market value of their outstanding shares is at $5.5 million. </li>
<li><strong>ShiftPixy</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) stock declined by 8.24% to $1.56. The company's market cap stands at $10.5 million. </li>
<li><strong>Surf Air Mobility</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) stock fell 7.04% to $0.25. The market value of their outstanding shares is at $20.8 million. </li>
<li><strong>Multi Ways Holdings</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MWG#AMEX">MWG</a>) stock fell 6.88% to $0.35. The market value of their outstanding shares is at $10.8 million. </li>
<li><strong>VCI Global</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCIG#NASDAQ">VCIG</a>) shares decreased by 6.07% to $0.62. The company's market cap stands at $36.4 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


BURU

FTCI

KITT

Nuveen Insured California Premium Fund Ii

OPTT

PIXY

PMEC

ROMA

SRFM

VCIG

<h3>Gainers</h3>
<ul>
<li><strong>New Horizon Aircraft</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOVR#NASDAQ">HOVR</a>) shares rose 111.1% to $1.52 during Monday's pre-market session. The market value of their outstanding shares is at $27.6 million. </li>
<li><strong>1847 Holdings</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#AMEX">EFSH</a>) stock moved upwards by 18.96% to $0.85. The company's market cap stands at $4.9 million. </li>
<li><strong>Knightscope</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSCP#NASDAQ">KSCP</a>) stock moved upwards by 17.84% to $0.37. The company's market cap stands at $39.1 million. </li>
<li><strong>Captivision</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPT#NASDAQ">CAPT</a>) shares moved upwards by 9.84% to $3.29. The market value of their outstanding shares is at $95.3 million. </li>
<li><strong>Richtech Robotics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) shares moved upwards by 8.52% to $1.4. The market value of their outstanding shares is at $96.1 million. </li>
<li><strong>MISTRAS Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) shares increased by 7.22% to $8.91. The company's market cap stands at $275.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Roma Green Finance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROMA#NASDAQ">ROMA</a>) stock decreased by 19.6% to $0.4 during Monday's pre-market session. The company's market cap stands at $4.1 million. </li>
<li><strong>Caravelle Intl Gr</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACO#NASDAQ">CACO</a>) shares declined by 8.85% to $1.03. The company's market cap stands at $54.3 million. </li>
<li><strong>Sterling Infrastructure</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRL#NASDAQ">STRL</a>) stock fell 5.74% to $106.27. The company's market cap stands at $3.2 billion. </li>
<li><strong>ESGL Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESGL#NASDAQ">ESGL</a>) shares fell 5.21% to $0.91. The company's market cap stands at $20.9 million. </li>
<li><strong>Solidion Technology</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares decreased by 5.14% to $1.65. The market value of their outstanding shares is at $143.4 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li><strong>Multi Ways Holdings</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MWG#AMEX">MWG</a>) shares fell 5.08% to $0.41. The market value of their outstanding shares is at $12.6 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


CACO

CAPT

ESGL

HOVR

KSCP

STRL

12 Industrials Stocks Moving In Monday's Pre-Market Session

<p><strong>MISTRAS Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) announced its Q1 earnings on Wednesday, May 1, 2024 at 04:01 PM.</p>
<p>Here's a breakdown of the earnings report.</p>
<h3>Earnings</h3>
<p>MISTRAS Group beat estimated earnings by 75.0%, reporting an EPS of $0.07 versus an estimate of $0.04.</p>
<p>Revenue was up $16.43 million from the same period last year.</p>
<h3>Historical Earnings Summary</h3>
<p>During the previous quarter, the company missed on EPS by $0.05, leading to a 7.000000000000001% increase share price change the next day.</p>
<p>Here's a look at MISTRAS Group's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.04</td>
<td>0.15</td>
<td>0.16</td>
<td>0.20</td>
<td>-0.05</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.07</td>
<td>0.10</td>
<td>0.18</td>
<td>0.05</td>
<td>-0.12</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>174.93M</td>
<td>174.28M</td>
<td>182.73M</td>
<td>189.54M</td>
<td>170.77M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>184.44M</td>
<td>182.07M</td>
<td>179.35M</td>
<td>176.03M</td>
<td>168.02M</td>
</tr>
</tbody>
</table>
</p>
<h3>Peer Performance in Recent Earnings</h3>
<p>With MISTRAS Group's earnings data in hand, it's essential to compare its metrics to those of similar companies, including Franklin Covey, NV5 Global, and LegalZoom.com.</p>
<ul>
<li>Franklin Covey announced strong earnings on March 27, 2024, surpassing market expectations. Despite an estimated EPS of $0.05, Franklin Covey's actual EPS was $0.06, reflecting a 20.0% increase.</li>
<li>NV5 Global reported earnings on February 22, 2024 that fell short of expectations, with an actual EPS of $1.14 compared to the market's estimate of $1.2, resulting in a -5.0% decrease.</li>
<li>LegalZoom.com, earnings revealed on February 22, 2024, exhibited robust performance this quarter. Contrary to the market's projected EPS of $0.1, LegalZoom.com exceeded expectations with an EPS of $0.13, reflecting an increase of 30.0% compared to estimates. This outcome is likely to gain investor confidence</li>
</ul>
<h3>Competitors Quarterly Earnings and Stock Performance Analysis</h3>
<p>The analysis presented here offers insights into the market's response to the latest earnings releases of key competitors. It highlights the expected and announced earnings per share (EPS) for each company, along with their corresponding stock prices at the close of the announcement day and the open of the following trading day.</p>
<p>
<table>
<thead>
<tr>
<th><strong>Company Name</strong></th>
<th><strong>Date</strong></th>
<th style="text-align: right;"><strong>EPS Expected</strong></th>
<th style="text-align: right;"><strong>EPS Announced</strong></th>
<th><strong>EPS Change Percent</strong></th>
<th><strong>Stock Price At Close</strong></th>
<th><strong>Stock Price at Next Day Open</strong></th>
<th><strong>Price Change Percent</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MISTRAS Group</td>
<td>May 1, 2024</td>
<td style="text-align: right;">0.04</td>
<td style="text-align: right;">0.07</td>
<td>75.0%</td>
<td>$9.12</td>
<td>$9.32</td>
<td>2.19%</td>
</tr>
<tr>
<td>Franklin Covey</td>
<td>March 27, 2024</td>
<td style="text-align: right;">0.05</td>
<td style="text-align: right;">0.06</td>
<td>20.0%</td>
<td>$38.3</td>
<td>$35.66</td>
<td>-6.89%</td>
</tr>
<tr>
<td>NV5 Global</td>
<td>February 22, 2024</td>
<td style="text-align: right;">1.20</td>
<td style="text-align: right;">1.14</td>
<td>-5.0%</td>
<td>$108.91</td>
<td>$107.69</td>
<td>-1.12%</td>
</tr>
<tr>
<td>LegalZoom.com</td>
<td>February 22, 2024</td>
<td style="text-align: right;">0.10</td>
<td style="text-align: right;">0.13</td>
<td>30.0%</td>
<td>$9.83</td>
<td>$10.09</td>
<td>2.64%</td>
</tr>
</tbody>
</table>
</p>
<h3>Peer Revenue Comparison: Estimated vs. Announced Revenue</h3>
<p>Below is a comparison of estimated and announced revenue figures for MISTRAS Group's peers. This comparison gives insights into the revenue performance of these companies, providing valuable context for understanding their financial standing within the industry.</p>
<p>
<table>
<thead>
<tr>
<th><strong>Company Name</strong></th>
<th><strong>Estimated Revenue</strong></th>
<th><strong>Announced Revenue</strong></th>
<th><strong>Revenue Surprise Percentage</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>MISTRAS Group</td>
<td>174.93M</td>
<td>184.44M</td>
<td>5.44%</td>
</tr>
<tr>
<td>Franklin Covey</td>
<td>62.02M</td>
<td>61.34M</td>
<td>-1.1%</td>
</tr>
<tr>
<td>NV5 Global</td>
<td>217.71M</td>
<td>215.50M</td>
<td>-1.02%</td>
</tr>
<tr>
<td>LegalZoom.com</td>
<td>156.53M</td>
<td>158.66M</td>
<td>1.36%</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for MISTRAS Group <a href="https://www.benzinga.com/quote/MG/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


MISTRAS Group: Q1 Earnings Insights

<p>EF Hutton  analyst Tim Moore   downgrades MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) from Buy to Hold and lowers the price target from $12 to $11.</p>


Downgrades

Price Target

EF Hutton Downgrades MISTRAS Group to Hold, Lowers Price Target to $11

<p>MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.04 by 75 percent. This is a 158.33 percent increase over losses of $(0.12) per share from the same period last year.  The company reported quarterly sales of $184.442 million which beat the analyst consensus estimate of $174.931 million by 5.44 percent.  This is a 9.78 percent increase over sales of $168.016 million the same period last year.</p>


MISTRAS Group Q1 2024 Adj EPS $0.07 Beats $0.04 Estimate, Sales $184.442M Beat $174.931M Estimate

<p>Although U.S. stocks closed higher on Wednesday, there were a few notable insider trades.</p>
<p>When insiders purchase shares, it indicates their confidence in the company&#39;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.</p>
<p>Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"><em> Benzinga&#39;s insider transactions </em></a> platform.</p>
<h3><strong>Snowflake </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Snowflake Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/snow#NYSE">SNOW</a>) CEO Sridhar Ramaswamy <a href="https://www.benzinga.com/quote/SNOW/analyst-ratings"><em> acquired a total of 31,542 shares </em></a> an average price of $158.52. To acquire these shares, it cost around $5 million.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 19, Redburn Atlantic analyst Alex Haissl downgraded Snowflake from Neutral to Sell and announced a $125 price target.</li>
<li><strong>What Snowflake Does:</strong> Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers.</li>
</ul>
<h3><strong>Legacy Housing </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Legacy Housing Corporation </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/legh#NASDAQ">LEGH</a>) Director Francisco Javier Coll acquired a total of 1,650 shares at an average price of $20.02. To acquire these shares, it cost around $33,033.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 15, Legacy Housing reported worse-than-expected fourth-quarter financial results.</li>
<li><strong>What Legacy Housing Does:</strong> Legacy Housing Corp builds, sell, and finance manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and also sold directly to manufactured home communities.</li>
</ul>
<p><em>Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<h3><strong>Mistras Group </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Mistras Group, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mg#NYSE">MG</a>) Interim President and CEO Manuel N. Stamatakis <a href="https://www.benzinga.com/sec/insider-trades/"><em> bought a total of 15,000 shares </em></a> at an average price of $6.00. To acquire these shares, it cost around $90,000.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 6, MISTRAS Group reported worse-than-expected fourth-quarter earnings.</li>
<li><strong>What Mistras Group Does:</strong> MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure.</li>
</ul>
<h3><strong>Mirum Pharmaceuticals </strong></h3>
<ul>
<li><strong>The Trade:</strong> <strong> Mirum Pharmaceuticals, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mirm#NASDAQ">MIRM</a>) CFO Eric Bjerkholt <a href="https://www.benzinga.com/sec/insider-trades/"><em> bought a total of 2,000 shares </em></a> at an average price of $24.80. The insider spent around $49,600 to buy those shares.</li>
<li><strong>What&rsquo;s Happening:</strong> On March 13, The FDA approved the company&rsquo;sLivmarli (maralixibat) oral solution for cholestatic pruritus in patients five years of age and older with progressive familial intrahepatic cholestasis (PFIC).</li>
<li><strong>What Mirum Pharmaceuticals Does:</strong> Mirum Pharmaceuticals Inc is a biopharmaceutical company focused on the identification, acquisition, development, and commercialization of novel therapies for debilitating rare and orphan diseases.</li>
</ul>
<p>&nbsp;</p>
<p>Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37951331/how-to-earn-500-a-month-from-apple-stock"><em> How To Earn $500 A Month From Apple Stock </em></a></p>


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